It’s mid-to-late July, and the Jiangsu and Zhejiang regions have officially entered the baking mode this week. Textile people working in 40-degree high-temperature workshops, are you okay?
Textile people said that what is more difficult than the high temperature and heat is that the cloth cannot be sold, the inventory is getting higher and higher, and the money is getting higher and higher. few!
When it comes to basic necessities, food, housing and transportation, clothing comes first. When I first entered the textile industry, I originally thought it was a necessity. Everyone needs to wear clothes, so business will naturally not be bad. But when I really entered this industry, I realized that there is a real need, but this business is really difficult to do and the competition is too great. For some manufacturers who place orders, as long as their customers are stable, shipping is basically not a problem. But the problem is that the orders placed by many large customers are also decreasing year by year. It is understood that due to the market boom in the past two years, many garment factories and traders have stocked a certain amount of goods, so there is not such a large demand for orders.
In the off-season this year, manufacturers making market orders are even more bleak. The current price of gray fabrics on the market is relatively chaotic. Many manufacturers In order to withdraw funds, there is an operation of selling goods. At this time, it is understandable for traders to choose cheaper gray fabrics. The prices of conventional products such as pongee and polyester taffeta have dropped by more than 40% compared with the same period last year. The price per meter of fabrics such as four-way elastic and lightweight fabrics has also dropped by more than 1 yuan compared with the same period last year. The entire market is currently in a state of oversupply. The manufacturer said that the woven cloth is also placed in the warehouse for inventory.
According to China Silk Capital Network Judging from the inventory of weaving manufacturers monitored, the gray fabric weaving inventory in Shengze area is about 42-43 days old. The overall inventory of weaving factories is at a high level, so manufacturers have a strong intention to reduce production.
If business is good, why would you want to stop?
Recently, a high temperature holiday notice has circulated in the market!
When this holiday notice came out, textile workers all said that if business is good, how can the boss be willing to stop even if the temperature is high?
In fact, this is no longer an exception in the market. Many weaving factory owners have plans to take holidays and reduce work hours. “The main reason is that the inventory in the factory is too high and the cloth cannot be sold. If the machine keeps producing, it will be treated as inventory and it will be a loss. If it stops, the loss will be less.” A weaving factory owner who makes nylon spinning said helplessly.
The dyeing factory can ship the goods in 7 days
Thinking back to the past In the past two years, the printing and dyeing factory has been able to make all the changes, and it is their most prosperous time. There are always queues, cash payments, and liquidation… But in July this year, the business of the printing and dyeing factory was deserted, and general gray fabrics It takes about 7 days to arrive and can be shipped in 2-3 days.
On the surface, what directly affects the market of printing and dyeing companies is the orders of the textile industry. Due to environmental protection regulations in the past two years, the orders of the textile industry It has been in an extremely hot state, but this year’s textile industry orders are missing and the market is cold. This is an ironclad fact. Therefore, the printing and dyeing factories have also lost their former glory. It is understood that some dyeing factories are currently half-open and half-stop due to lackluster business, and several dyeing factories have stopped several vats. “Business has been so deserted this year, and our work motivation is not as strong as before. Although we were busy before, business was good, and we still have some hope for the year-end bonus, but we don’t expect it this year.” said a merchandiser at a dyeing factory in Shengze area. .
Small order volume results in slow payment and high financial pressure
Many tradersAll merchants said that this year’s payment cycle is longer than in previous years, mainly because of the small order volume, meager profits, and upstream customers’ cash shortages, so the payment time is correspondingly longer. “Arrearage in the textile industry It’s basically unavoidable. In the past, when the market was good, we would get paid quickly, but when the market was bad, we would get paid slowly. Therefore, we basically pay once every 2-3 months, so that we won’t have to get our money back at the end of the year.”
Afterword
For cloth bosses, taking holidays and cutting production are helpless measures to relieve the pressure of high inventory and lack of orders. Cloth bosses can only place their hopes in In September and October of the second half of the year, I just hope to stabilize this plate. </p
